SUPERIOR RESOURCES LIMITED — Director's Dealing 2017

Dec 14, 2017

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Superior Resources Limited
ABN	72 112 844 407

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Hwang
Date of last notice	28/06/2017

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	15/12/2017
No. of securities held prior to change	DirectPeter Henry Hwang3,424,641 Ordinary Fully Paid SharesIndirectHBH Family Pty Ltd <hbh investment<br="">Trust>13,233,333 Ordinary Fully Paid Shares4,250,000 Options (exercise price $0.03,expiry 30 June 2019)
Class	Ordinary Fully Paid SharesOptions (exercise price $0.03, expiry 30June 2019)

+ See chapter 19 for defined terms.

Number acquired	10,000,000 Ordinary Fully Paid Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$86,352
No. of securities held after change	DirectPeter Henry Hwang3,424,641 Ordinary Fully Paid SharesIndirectHBH Family Pty Ltd <hbh investment<br="">Trust>23,233,333 Ordinary Fully Paid Shares4,250,000 Options (exercise price $0.03,expiry 30 June 2019)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of securities in lieu of Director'sfees.

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation

+ See chapter 19 for defined terms.

Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the trade
to proceed during this period?
If prior written clearance was provided, on what date was this
provided?

+ See chapter 19 for defined terms.